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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (5463)	5/3/2020 5:02:51 AM
From: elmatador	1 Recommendation Recommended By The Ox Respond to of 13796

There seems to be a consensus that "...the world following the pandemic is unlikely to be radically different from the one that preceded it." There are 2 tendencies. Focus in the particular industry one is in and say: The trend was such and such and Covid-19 will accelerate that trend. Of course is the trend that industry wants accelerated. Another is to focus on general, look to historical precedents and say, the post Covid-19 world will be more like post WW I rather than post WWII. Fact is, the economy is people. And people do not change in a couple of months. People may say, for example: Going to the movies is out, people from now on will be streaming more and this will be the end of the movieplex. Fact is, people will be hating Netflix and streaming as they have done that for two months under duress. And they will not be streaming video for a while and they will prefer venturing out of the house. My experience: First time I've got malaria in Nigeria, in 1983, the only thing I could do for over a week was avidly reading Joachim Fest's book "Hitler: A Career". It is over 1.000 pages ! I ended up hating the book. Only two years later I returned to the book and finish reading it. I was hating even the rooms of the flat I was in. People will do a Spring Cleaning at end of Covid-19 scare. A big Spring Cleaning that goes beyond cleaning. Not only cleaning but getting rid of what one has done under duress during the lockdowns. People will be associating what they were doing during the lockdown with negative thoughts and activities. And they will “concentrate all your efforts on getting rid of the problems and negativity of the past months and prepare for the coming spring and summer.” Office workers, frustrated by teleconferencing, will not likely be accepting teleconferencing and will go back to face to face forms of communicatiing and written communication.